3 / 7 Relevant items tagged with #Terra

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

[Nov 3, 2023 12:59 AM] The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities.

SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

[Nov 2, 2023 10:31 PM] The request follows a move by Kwon's defense team to do the same.

From payments to DeFi: A closer look at the evolving stablecoin ecosystem

[Oct 31, 2023 7:01 AM] The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape.

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

[Oct 31, 2023 4:52 AM] Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea.

Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

[Oct 30, 2023 1:24 PM] Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it.

Analyst Predicts Terra LUNA To Surge By 80-100% Following Key Event

[Oct 29, 2023 11:00 AM] LUNA, the native token of the Terra 2.0 blockchain, was among the many gainers in the past week positively affected by Bitcoin’s impressive rally toward the $35,000 mark. According to data from CoinMarketCap, LUNA is up by 13.96% in the last seven…

Billionaire Ken Griffin's Citadel Securities Denies 'Ridiculous' Claim That It Tanked Do Kwon's Terraform

[Oct 26, 2023 1:02 PM] Citadel said the claims by Terraform was filed to "deflect attention" from its alleged charges.

Do Kwon’s SEC Case May Hinge on Role of Jump Trading, Court Documents Show

[Oct 19, 2023 2:53 AM] Kwon has been accused of misleading investors about the terraUSD stablecoin, whose 2022 collapse ricocheted around the crypto world.

Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

[Oct 16, 2023 1:59 PM] The order was unclear as to the nature of the documents under subpoena but stated Genesis had failed to provide the information by Oct. 9.

Genesis Ordered to Comply With Terra Subpoena Within 5 Days

[Oct 16, 2023 10:00 AM] The crypto firm failed to comply with requests made as part of a probe into the collapsed stablecoin, a New York judge said

Investors drop class-action lawsuit against Terraform Labs and Do Kwon

[Oct 2, 2023 3:25 PM] The dropping of the suit came amid Terra facing a lawsuit brought by the U.S. Securities and Exchange Commission and Do Kwon possibly nearing the end of his sentence in Montenegro.

Terraform Labs Founder Do Kwon Opposes SEC's Extradition Request

[Sep 27, 2023 11:50 AM] The TerraUSD creator opposes the SEC's attempts to bring him back to the U.S. for questioning about his failed stablecoin projects.

Terra Classic Community Votes to Stop USTC Minting as Revival Efforts Continue

[Sep 25, 2023 3:02 AM] TerraUSD Classic, the stablecoin at the center of Terra’s implosion, will no longer be minted.

Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg

[Sep 24, 2023 3:30 PM] Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave…

Terra Luna Classic contemplates deposit hike to curb spam proposals

[Sep 10, 2023 1:52 AM] This measure is intended to counteract the influx of "spam" and irrelevant proposals submitted for voting within the Terra Luna Classic community.

Vauld gets permission for board restructuring from the court

[Aug 25, 2023 5:59 AM] The Singapore-based crypto exchange has been in ongoing bankruptcy proceedings since August 2022.

Prime Trust parent company lost $8M investing in TerraUSD

[Aug 24, 2023 2:30 PM] Prime Core Technologies said that “under prior management” it had lost $6 million in user funds and $2 million in treasury funds through investments in the algorithmic stablecoin.

Terra money website frozen to prevent more phishing scams

[Aug 22, 2023 3:05 AM] The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks.

Scientists reverse-engineered the Luna flash crash using particle physics

[Aug 21, 2023 12:00 PM] Some of the same techniques used to study the thermal history of the universe can be used to understand crypto crashes.

Terra Website Compromised; Developers Warn Against Phishing Scam

[Aug 21, 2023 7:47 AM] Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.

SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

[Aug 17, 2023 6:43 PM] The Securities and Exchange Commission wants to question Daniel Shin on Do Kwon and Chai Corporation’s relationship with Terraform Labs.

Terra Classic (LUNC) Chances Of Revival Grow Slimmer, Here’s Why

[Aug 10, 2023 5:00 PM] Terra Classic (LUNC) has suffered persistent declines since the network’s collapse back in 2022. These declines have ranged from its price through to the network’s Total Value Locked (TVL). And even while development abounds among its community…

Trader Who Predicted Luna's Downfall Now Holds 450K MOON Tokens

[Aug 9, 2023 4:32 AM] GCR likely bought 450,000 MOON at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.

Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities

[Aug 1, 2023 9:28 AM] Terraform Labs claimed that the failures of its algorithmic stablecoin and governance token were the result of an attack from short sellers, potentially involving Alameda Research.

Judge rejects motion to dismiss Terraform case, disagrees with Ripple decision

[Jul 31, 2023 5:59 PM] Judge Jed Rakoff gave a detailed interpretation of the Howey test that was at odds with the decision on the SEC case against Ripple.

Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra wallets

[Jul 24, 2023 3:40 PM] Terra co-founder Do Kwon is currently in a Montenegrin prison as the platform remains under scrutiny in South Korea, but crypto users continue to seek out information on wallets.

Terraform Labs Appoints New CEO While Co-Founder Remains in Jail 

[Jul 21, 2023 11:30 AM] Terraform Labs appointed a new chief executive officer following Do Kwon’s resignation on March 31, 2023. In a Wall Street Journal interview, the interim CEO, Chris Amani, discussed his team’s “vision” for rescuing the…

Terraform Labs seeks access to FTX wallets in fraud defense

[Jul 20, 2023 11:53 AM] Terraform filed a motion to access information from wallets used by short sellers during the collapse of its algorithm stablecoin in 2022.

Terraform Labs Appoints New CEO Following Do Kwon’s Sentencing In Montenegro

[Jul 20, 2023 9:00 AM] Terraform Labs has announced the appointment of Chris Amani as the interim Chief Executive Officer (CEO), replacing co-founder Do Kwon.  Terraform Labs Elevates Former COO Chris Amani as Director and Interim CEO Chris Amani, an experienced leader…

Terraform Labs appoints new CEO from existing team: Report

[Jul 20, 2023 2:18 AM] Chris Amani, a Terra employee since 2021, has reportedly been serving as the company’s CEO for months.